Future Care completes statutory procedures to set up subsidiary with SAR 30 mln capital

14/12/2022 Argaam

Future Care completes statutory procedures to set up subsidiary with SAR 30 mln capital

Logo pf Future Care Trading Co.

Future Care Trading Co. announced completing the statutory procedures with the Ministry of Commerce to establish a wholly-owned subsidiary, under the name of Aounak Medical Services Co., according to a statement to Tadawul.

 

The single-member LLC company was established with SAR 30 million in capital, fully paid from its cash resources to support future plans.

 

Aounak will practice a supplementary activity of Future Care, as it will manage and develop applications and technical platforms to fulfill the company's current and future needs of medical services electronically.

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